Cheap Homes for Rent in Southwest Santa Fe Neighborhood of Santa Fe, NM from $1,300 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in the Southwest Santa Fe area of Santa Fe.

property at 941 Calle Mejia

$1,500 - $2,000

1 To 2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1464 Avenida de las Americas

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Townhome for Rent

Available Now

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Southwest Santa Fe, Santa Fe, NM Local Guide

Cheapest Available Southwest Santa Fe Apartments for Rent

 

The cheapest available apartment rental in the Southwest Santa Fe area of Santa Fe, NM is a Studio unit found at Santa Fe Suites priced from $899. Casitas Del Bella has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Southwest Santa Fe apartments for rent in Santa Fe, NM:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$899
Casitas Del BellaEfficiency Grey WallsStudio,1BA$925
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,235

Best Value Apartments for Rent in Southwest Santa Fe, NM

As of April 30, 2026 the best value apartment in the Southwest Santa Fe area is the $1.86 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,455. The second greatest value Southwest Santa Fe apartment is the 410 Bishops Lodge Rd Model at 410 Bishops Lodge Rd, Unit #1 starting at $2,000 with a $1.72 price per square foot in the Don Digeo neighborhood. Here is today’s list of the best values for Southwest Santa Fe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.86
410 Bishops Lodge Rd, Unit #1410 Bishops Lodge Rd2BR,1BA$1.72
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.63
Vista Linda2 Bedroom | 2 Bath2BR,2BA$1.87
Soleras StationTwo Bedroom2BR,1BA$2.00
Rancho Carrera ApartmentsTwo Bedroom2BR,2BA$1.75
The MicaThe Pinon2BR,1BA$1.92
South MeadowsGila1BR,1BA$2.24
Cielo Luxury Living ApartmentsOne Bedroom1BR,1BA$1.92
Evergreen Apartments1x1-B1BR,1BA$1.70

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Southwest Santa Fe, Santa Fe, NM

Ranked #1

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Southwest Santa Fe

What type of rentals are currently available in Southwest Santa Fe?

There are currently 114 Apartments for Rent in Southwest Santa Fe, NM with pricing that ranges from $899 to $5,447. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Santa Fe ranging from $1,395 to $8,000.

What is the current price range for Rental Homes in Southwest Santa Fe?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Santa Fe ranges from $1,395 to $8,000 with an average monthly rent of $3,039.

How much are larger Three and Four Bedroom Rentals in Southwest Santa Fe?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Santa Fe range from $1,799 to $4,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $8,000. Four Bedroom Single-Family rentals are also available starting from $5,700 and Four Bedroom Apartments start at $2,455.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.